(Incorporated in the Republic of South Africa) (Registration number 2015/407237/06) Share Code: SEA
ISIN: ZAE000228995
LEI: 378900F76170CCB33C50 Approved as a REIT by the JSE
("Spear" or "the Company")
DEALINGS IN SHARES BY ASSOCIATES OF A DIRECTOR AND A PRESCRIBED OFFICER OF THE COMPANY
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealings in securities is disclosed:
1.
NAME OF DIRECTOR
Quintin Michael Rossi
COMPANY OF WHICH A DIRECTOR
Spear REIT Limited
STATUS: EXECUTIVE/NON-EXECUTIVE
Executive
TYPE AND CLASS OF SECURITIES
Ordinary shares
NATURE OF TRANSACTIONS
Purchase of shares by an
associate of the director
(on-market transactions)
(1)
Purchase of shares by an
associate of the director
(on-market transactions)
(2)
DATES OF TRANSACTIONS
18 February 2022
(1)
22 February 2022
(1)
23 February 2022
(1)
18 February 2022
(2)
22 February 2022
(2)
23 February 2022
(2)
PRICE PER SECURITY (CENTS)
860
(1)
880
(1)
High: 870
(1)
Low: 869
Average: 869.69
860
(2)
880
(2)
870
(2)
NUMBER OF SECURITIES TRANSACTED
4 000
(1)
1 000
(1)
1500
(1)
4 000
(2)
1 000
(2)
1500
(2)
TOTAL RAND VALUE OF SECURITIES
R34 400.00
(1)
TRANSACTED
R8 800.00
(1)
R13 045.44
(1)
R34 400.00
(2)
R8 800.00
(2)
R13 050.00
(2)
NAME OF ASSOCIATES
Miss EFR Rossi
(1)
Miss EE Rossi
(2)
RELATIONSHIP WITH DIRECTOR
Minor child
(1)
Minor child
(2)
NATURE AND EXTENT OF INTEREST IN
Indirect, non-beneficial
(1)
THE TRANSACTIONS
Indirect, non-beneficial
(2)
2.
NAME OF PRESCRIBED OFFICER
Clifford Wade Toerien
COMPANY OF WHICH A PRESCRIBED
Spear REIT Limited
OFFICER
TYPE AND CLASS OF SECURITIES
Ordinary shares
NATURE OF TRANSACTION
Disposal of shares by a prescribed officer
(on-market transaction)
DATE OF TRANSACTION
9 February 2022
PRICE PER SECURITY (CENTS)
850
NUMBER OF SECURITIES TRANSACTED
45 000
TOTAL RAND VALUE OF SECURITIES
R382 500.00
TRANSACTED
NATURE AND EXTENT OF INTEREST IN
Direct, beneficial
THE TRANSACTION
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements.
Cape Town
24 February 2022
Sponsor
PSG Capital
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Disclaimer
Spear REIT Ltd. published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 14:25:04 UTC.
Spear REIT Limited owns and manages diversified real estate assets in South Africa. Rental income breaks down by type of asset as follows:
- shopping centers (38.6%);
- industrial premises (28.7%);
- stores (17.9%);
- hotels (10.1%);
- residences (2%);
- other (2.7%).
At the end of February 2019, the Group's real estate portfolio consisting of 30 assets with a total surface area of 402,652 m2, amounted in market value to ZAR 3,524 million, broken down by type of assets as follows: commercial centres (42%), industrial premises (27.1%), shopping centres (15.9%), hotels (14.3%) and residences (0.7%).